Calico Ridge Multi-Family Properties for Sale

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Newest Calico Ridge Multi-Family Homes for Sale

$565,900

6 Beds ⋅ 4 Baths ⋅ 7065861 MLS

Turnkey Duplex Investment Opportunity in Mesa! Don't miss this rare chance to own a brand-new duplex near Crismon and Broadway, one of Mesa's most convenient corridors. With 2,496 total square feet on an oversized R-5 lot, this property is built for strong returns and effortless living. Each side offers a spacious 3 bedroom, 2 bath layout with soaring high ceilings and an open floorplan that lives large. Upgraded finishes throughout give both units a modern, move-in-ready feel that supports premium rents. One side is already occupied by a great, reliable tenant -- instant cash flow from day one. Live in one unit and let the tenant on the other side help cover your mortgage, or hold both sides as a fully rented investment property. Either way, you're getting new construction with minimal

401 S 97th Way, Mesa

Courtesy of H&M Arizona Real Estate Brokerage, LLC. 480-205-9558

$439,900

220226900 MLS

Just completed Executive duplex in a top location. Close to the hospital and all medical. Yards away from grocery and restaurants. This is brand new custom duplex for executive living. 800 feet per side with energy efficiency, and quality in mind. You will be impressed with the finish work, the large living and bedroom area. The oversized bath with custom cabinets and granite counters. This is high end for low price. First time home buyers or down sizers. Note rent one unit and occupy the other. You can afford this! You must tour to appreciate.

2032 SW Allen Creek Road, Grants Pass

Courtesy of RE/MAX Integrity Grants Pass

$1,490,000

7 Beds ⋅ 5 Baths ⋅ 7065265 MLS

Discover a rare investment opportunity in the heart of Historic Downtown Flagstaff. The iconic circa 1906 Lindemann House occupies a high-profile corner lot and includes an expansive paved parking lot--an exceptional amenity in downtown Flagstaff. Rich in history, character, and income potential, this unique property offers flexibility for investors, business owners, or those seeking a mixed-use opportunity. The property features five residential units, including two 2-bedroom, 1-bath apartments, two 1-bedroom, 1-bath apartments, and one studio apartment. Currently operated with a combination of short- and long-term rentals, all units are transitioning to long-term rentals, providing stable income with additional upside potential. SELLER FINANCING is available to qualified Buyers, and the Seller prefers a Seller Financed sale. Flagstaff's desirable Community Commercial (CC) zoning allows for a wide variety of commercial and residential uses. Over the years, the property has successfully housed a retail running store, hair salon, attorney's office, engineering office, and residential apartments, creating exceptional flexibility for future ownership. The oversized paved parking lot provides abundant off-street parking--an increasingly valuable asset in Historic Downtown Flagstaff. Whether you continue its successful income-producing history, establish your own business, redevelop the site within zoning allowances, or create a unique live/work environment, the possibilities are extensive. This is a one-of-a-kind historic downtown property offering character, strong income potential, outstanding visibility, abundant parking, flexible zoning, and exceptional long-term investment value. Owner/Agent.

309 N Humphreys Street, Flagstaff

Courtesy of Linton Real Estate, LLC. 928-779-4411

$649,000

220226861 MLS

Invest in the Bend, Oregon lifestyle with this 2,376 square foot duplex located in a quiet cul-de-sac at the base of Pilot Butte. An excellent opportunity for investors or house hackers, both units are currently tenant occupied and generated a combined $3,250/month in rental income. Unit 2074 is month-to-month, while unit 2076 is leased through December 2026. Each 2 bedroom, 2 bathroom unit includes walk-in closets, breakfast bar, gas fireplace, dedicated laundry room, a private 1-car garage, an additional dedicated parking space, backyard patio, and a fenced in private outdoor space. Recent updates include new carpet in 2023, plus a newer microwave and dishwasher. Conveniently located on Bend's Northeast side with each access to shopping, dining, recreation, the hospital, and commuter routes. Add this duplex to your portfolio by offsetting your mortgage by living in one side or use the property as a equity building, fully leased asset.

2074 NE Chanel Court, Bend

Courtesy of Real Broker

$475,000

6 Beds ⋅ 3 Baths ⋅ 7065237 MLS

Great investment opportunity in Central Phoenix! This triplex was recently updated and each unit has a large living room, two-bedrooms, one bathroom, a spacious kitchen, and great backyard space. All three units are fully leased with stable tenants. All 3 are month to month. Good roof (replaced in 2016) and new air-conditioning units (replaced in 2020 & 2024). Make your move now! Drive by only. Do not disturb tenants. Assumable FHA loan, balance $376k at 5.73% rate. 29 years remaining. Sellers credit available with acceptable offer.

2210 W Heatherbrae Drive, Phoenix

Courtesy of Epique Realty. azbroker@epiquerealty.com

$630,000

2 Beds ⋅ 4 Baths ⋅ 7065156 MLS

Exceptional investment opportunity in the heart of Tempe. Beautifully remodeled duplex offers an ideal location just minutes from ASU, shopping, dining, entertainment and major transportation. Each unit features one bedroom and one bathroom with a completely remodeled interior creating a fresh, modern and move in ready living space. Both units include all appliances, making them attractive to students, professionas or long term tenants. Eash side has carport exterior storage, additional storage space, ability to install a washer and dryer adding another desirable amenity for future tenants. With its prime Tempe location by ASU, completely renewed, its an excellent opportunity for an investor. Duplex has been non smoking Please use WFG National Title property has a benef deed in place

625 W 12th Street, Tempe

Courtesy of RE/MAX Fine Properties. 480-792-9500

$420,000

4 Beds ⋅ 2 Baths ⋅ 7064977 MLS

Great investment opportunity in Mesa! This duplex features two 2-bedroom units, each with its own private yard and separate utility meters. Conveniently located near public transportation and Valley Metro Rail, with easy access to Downtown Mesa, ASU, and major Valley destinations. Great opportunity for an investor or owner-occupant looking to build long-term value. Don't miss this opportunity!

20 N Santa Barbara Drive, Mesa

Courtesy of HomeSmart. 602-230-7600

$195,000

8 Beds ⋅ 7 Baths ⋅ 7064950 MLS

Excellent redevelopment opportunity with plans and permits already approved and paid for. BOTH PARCELS INCLUDED, PLEASE READ. This project consists of a full remodel and renovation of the existing properties at 948 and 954 W Mohave St. The attached plans convert the 948 property into a functional duplex consisting of two 2-bedroom, 2-bathroom units, while the 954 property is designed as a fully renovated 4-bedroom, 3-bathroom single-family home. Permits are with the city in final review, allowing the buyer to take over and complete the project. Property is currently boarded by the City of Phoenix and access is limited. Buyer to verify all facts, figures, plans, permits, square footage, and intended use. Permits and plans are available in the Documents tab.

954 W Mohave Street, Phoenix

Courtesy of Redrock RE Partners. 385-266-6377

$650,000

7 Beds ⋅ 4 Baths ⋅ 7064937 MLS

INVESTMENT OPPORTUNITY to own THREE separate income-producing units. All three units are currently rented, providing immediate rental income. Convenient Phoenix location with access to major roads, shopping, dining, and nearby amenities. Great opportunity for investors looking to add a multi-unit property to their portfolio. Properties are located on two parcels. The owner is working to have the parcels combined with the city. Please include both legal descriptions on the offer. Buyer to verify all facts and figures.

3716 E Fillmore Street, Phoenix

Courtesy of eXp Realty. 480-580-6876

$205,000

6 Beds ⋅ 2 Baths ⋅ 7064711 MLS

Well-maintained duplex located in a quiet Sierra Vista neighborhood. This property offers a practical layout in each unit with comfortable living space, making it ideal for investors or owner-occupants. Located at 548 Graham Drive, Unit #540, it provides convenient access to shopping, dining, schools, and Fort Huachuca while maintaining a peaceful residential feel. Both units feature private entrances, functional floor plans, and good natural light. The property includes low-maintenance landscaping and dedicated parking to help keep operating costs low. Strong rental demand in the area makes this an excellent opportunity for steady income or a live-in-one, rent-the-other strategy. A solid addition to any investment portfolio with long-term potential.

548 Graham Drive Unit 540, Sierra Vista

Courtesy of Haymore Real Estate LLC. 520-458-2711

$710,000

5 Beds ⋅ 3 Baths ⋅ 7064669 MLS

Exceptional investment opportunity in the heart of Phoenix! This unique portfolio includes three separate single-family homes being offered together at one price: 830 S 15th Ave (2 bed/1 bath), leased through 10/31/2026 at $1,838.55 per month; 820 S 15th Ave (1 bed/1 bath), leased through 8/31/2027 at $1,553.07 per month; and 1501 W Hadley St (2 bed/1 bath), leased through 11/30/2026 at $1,636.00 per month. Generating approximately $5,027.62 in monthly gross rental income, this portfolio provides immediate cash flow, built-in stability, and long-term investment potential. Whether you're looking to expand your rental portfolio, or take advantage of a unique house-hacking opportunity - live in one home while collecting income from the other two, this property offers exceptional flexibility and a rare opportunity to own multiple income-producing homes in a rapidly growing area. All three homes have separate electric and gas meters, simplifying utility management. All major remodeling was completed in 2021, with updated finishes throughout, making this a true turnkey investment. Each home features a private fenced yard for added privacy and outdoor enjoyment and includes essential appliances such as a stove, refrigerator, and washer/dryer to support tenant satisfaction and minimize ownership expenses. Perfectly positioned for flexible ownership, multigenerational living, or long-term portfolio growth, these properties are conveniently located near Downtown Phoenix, major freeways, public transportation, employment centers, shopping, dining, and entertainment, benefiting from strong rental demand and excellent accessibility. DRIVE-BY ONLY -- please do not disturb tenants. Walkthroughs available with accepted offers only. Act quickly--opportunities like this do not come around often. Buyer to verify all facts and figures.

830 S 15th Avenue, Phoenix

Courtesy of Fathom Realty. 877-661-1977

$8,699,900

45 Beds ⋅ 45 Baths ⋅ 7064384 MLS

Alameda Villas Brand New Luxury Townhomes! Offering exceptional value with one of the lowest price-per-sqft opportunities in the Arcadia/Scottsdale area. Discover Alameda Villas, a stunning new construction community completed in 2024, offering 15 meticulously designed single-family townhomes. Built for ultimate flexibility, these homes can be sold individually as single-family residences or acquired entirely for a lucrative leasing opportunity. Each three-bedroom, 2.5-bath unit offers premium finishes, custom cabinetry, elegant countertops, beautiful flooring, and durable synthetic stucco exteriors for a low-maintenance lifestyle. Prime Location: Near dining, grocery stores, and shopping. Living Space: 1,825 SQFT Under Roof: 2,246 SQFT / 2 Garages Plus, fully occupied!

3804 E Monterey Way, Phoenix

Courtesy of ARRT of Real Estate. 480-300-7776

$900,000

8 Beds ⋅ 4 Baths ⋅ 7064367 MLS

Investor's dream**DO NOT DISTURB OCCUPANTS** Turn-key and cash-flowing 4 plex with updated 2 bed, 1 bath units. TILE ROOF, Townhouse style. Private yard and individual laundry room in each unit. All occupied. Built in 1986. 10,160 sqft lot, 6 covered and 6 uncovered parking spots. The current rents are: Unit 1: $1,530 (long term tenant 10+ years) Unit 2: $1,550 (lease ends Sept 30, 2027) Unit 3: $1,530 (long term tenant 10+ years) Unit 4: $1,650 (lease through Jun 30, 2027)) Total of $6,260/month. Tenants never pay late. Tile floors throughout in all units. Each unit is separately metered for electricity. Tenants cover electricity, landlord pays water. There is a shed for storage could potentially be turned into office, or another unit. Last repair on the roof was 7/2026. Fresh exterior paint 10/2024 Unit 1 has a new water heater in 2/2023 and AC condenser in 10/2020, Condenser Fan Motor AC 5/2026 Unit 2 has a new dish washer and washer in 10/2022, water heater and garbage disposal in 2/2022 and dryer in 8/2020, inside fresh paint 2023, indoor fan motor (blower) AC in 7/2025, new wheel blower and capacitor in 7/2025. Unit 3 has a new fridge in 2/2020, new capacitor and TXV for AC in 7/2025, a new water heater in 6/2026. Unit 4 has a new water heater in 1/2021 and garbage disposal in 10/2022, new Indoor fan motor AC in 11/2025, new vanity in 6/2026, inside fresh paint 2026. Low maintenance landscaping. Fresh paint. Lights with motion sesnsor in parking lot. Strong demand rental area. Situated in the heart of Mesa with easy access to dining, shopping, and major freeways. This is ideal for both seasoned investors and those entering the multi family market. Well-maintained.

457 E 9th Avenue, Mesa

Courtesy of Better Homes & Gardens Real Estate SJ Fowler. 480-649-3536

$630,000

6 Beds ⋅ 4 Baths ⋅ 7064069 MLS

Exceptional opportunity to own a well-maintained duplex in the heart of Prescott Valley. Built in 2020, this turnkey investment property features two thoughtfully designed units, each offering 1,220 square feet of living space with 3 bedrooms, 2 bathrooms, and an attached single-car garage. Each unit showcases a modern open-concept floor plan with rich espresso cabinetry, elegant granite countertops, and durable tile flooring throughout, providing a stylish, low-maintenance living space. The attractive brick paver driveway enhances the property's curb appeal and adds to its overall quality and presentation. Both units are currently leased and have maintained a strong rental history since construction, providing immediate, reliable income for investors. Ideally located just minutes from the Prescott Valley Civic Center, Medical Center, parks, soccer fields, shopping, dining, and entertainment, this property offers exceptional convenience and enduring rental appeal. With quality construction, desirable finishes, and an established income stream, this is a rare turnkey investment opportunity in one of Prescott Valley's most desirable locations.

9501 E Magma Drive, Prescott Valley

Courtesy of HomeSmart. 602-230-7600

$565,000

220226672 MLS

Desirable side by side Duplex in Sellwood. Each unit has 2 bedrooms and 1 full bathroom with open living room and dining room space that leads to the kitchen area. In unit laundry, private fenced yard space, covered patios and a shared community garden. Quiet corner lot location while convenient distance to the Willamette River and all that Sellwood has to offer. Mirror duplex is also for sale. See MLS #425708173.

Portland

Courtesy of eXp Realty, LLC

$499,000

6 Beds ⋅ 6 Baths ⋅ 7063707 MLS

Discover an outstanding investment opportunity with this newly built duplex in the heart of Casa Grande! Situated on a desirable corner cul-de-sac lot, each spacious unit offers 1,577 sq. ft., 3 bedrooms, 2.5 bathrooms, and a 2-car garage, providing modern comfort and functionality for both owners and tenants. Whether you're looking to live in one unit and rent the other, expand your investment portfolio, or create an income-producing Airbnb or long-term rental, this property offers exceptional flexibility and potential. With quality new construction, low-maintenance living, and a prime central location close to shopping, dining, schools, and major commuter routes, this duplex is perfectly positioned to attract renters and maximize your investment. Don't miss this rare opportunity to own a versatile property with endless possibilities!

1640 N Cameron Street, Casa Grande

Courtesy of Valley Views RE. 480-688-0915

$750,000

7 Beds ⋅ 5 Baths ⋅ 7063558 MLS

This European-style property, currently known as ''The Copper Miners Rest'', features 3 unique upstairs guest rooms and a studio apartment. Guests can enjoy a spacious sitting room, a large bathroom with a shower, and kitchen facilities. On the bottom level, there's a generous business suite with the potential for an additional dwelling unit, complete with a full kitchen and bathroom. Additionally, a detached three-bedroom, one-bath casita serves as the sixth dwelling unit on the property. Offering a blend of luxury and small-town charm, this property is listed on the National Register of Historic Places as ''The Soderman Building,'' providing occupants with authentic miners' boarding rooms and a serene atmosphere. Fully renovated, this property is ready for many uses instantly

198 N Chisholm Avenue, Miami

Courtesy of Lux Realty. adreafrance@yahoo.com

$1,185,000

10 Beds ⋅ 5 Baths ⋅ 7063520 MLS

Excellent Central Phoenix investment opportunity! This 5-unit multifamily property features five 2-bedroom, 1-bath units with updated interiors and strong rental upside. Current scheduled rents total approximately $6,550/month, with projected market rents of approximately $7,500/month. Offered at $1,185,000, the property has an estimated 5.20% current cap rate with potential for approximately a 6.10% stabilized cap rate. Units feature updated kitchens, cabinetry, flooring and stainless steel appliances. Conveniently located near Downtown Phoenix, employment centers, shopping, dining, healthcare and major transportation corridors. Great opportunity for investors seeking existing cash flow with value-add potential. Buyer to verify all facts and figures.

4012 N 15th Avenue, Phoenix

Courtesy of Gile Commercial Real Estate. 602-980-3171

$445,000

2 Beds ⋅ 2 Baths ⋅ 7063336 MLS

Experience the perfect blend of comfort and convenience in this fabulous single-story duplex! Discover a warm and inviting great room with wood-look flooring, neutral palette, and ceiling fans throughout, creating a bright and comfortable atmosphere. The kitchen offers subway tile backsplash, stainless steel appliances, recessed lighting, quartz counters, white cabinets, and a breakfast bar that's perfect for casual dining or your morning coffee. Have a good night's sleep in the quaint bedroom complete with a sliding door closet. Enjoy stunning mountain views from the spacious backyard. Don't let this amazing opportunity slip away! Perfect investment opportunity with tenants already in place!! Architectural plans for the extension of the property included in the sale.

1447 E Mountain View Road, Phoenix

Courtesy of eXp Realty. 480-291-4478

$715,000

5 Beds ⋅ 4 Baths ⋅ 7062682 MLS

Fountain Hills fully rented duplex featuring a private pool and two spacious units—a 3BR/2BA and a 2BR/1.5BA. This well-maintained property offers strong rental income, desirable layouts, and excellent tenant stability. Located in a quiet, scenic neighborhood with easy access to local amenities, this duplex stands out with its larger floorplan and hard-to-find pool amenity. Perfect for investors seeking reliable cash flow or an owner-occupant looking to offset housing costs.

14048 N Cameo Drive, Fountain Hills

Courtesy of PMI East Valley. 480-264-7193

$349,000

3 Beds ⋅ 3 Baths ⋅ 7062652 MLS

Income-producing duplex with owner-occupant flexibility! This well-maintained property on a single parcel in Rimrock features two separate living units, each with a private entrance and efficient floor plan. One unit is tenant-occupied, providing immediate rental income, while the second 1-bedroom, 1-bath unit is vacant and ready for occupancy or leasing. A great opportunity to generate income while occupying one unit or to add a solid investment to your portfolio. Conveniently located near shopping, dining, schools, and outdoor recreation. Tenant occupied--please do not disturb. Seller may carry 200,000 for qualified buyers.

4125 N Pima Way, Rimrock

Courtesy of Realty ONE Group Mountain Desert. 928-862-4035

$650,000

3 Beds ⋅ 3 Baths ⋅ 7062358 MLS

Downtown Tempe Triplex. Genuinely close to Valley Metro Light Rail, Town Lake, Tempe Streetcar, and Arizona State University. Neighboring Mill Avenue dining, shopping, and entertainment. Well-cared-for, low-maintenance building that reflects the rarity and desirability of multifamily property in this area. New roof in 2024; 2 new A/C units and 3 new tankless smart water heaters installed in 2026. Suitable for an investor or owner-occupant looking to live in one unit while generating rental income from the other two. Seller Will Consider buyer closing cost concessions.

509 W 2nd Street, Tempe

Courtesy of Congress Realty, Inc.. 888-881-4118

$489,999

4 Beds ⋅ 3 Baths ⋅ 7062109 MLS

Centrally located triplex in central Mesa. Building has two, 1-bed units and one 2-bed unit. Each unit has a private garage and individual storage closets with laundry hookups. Each tenant pays their own electric and gas while the owner pays water, sewer, and trash. Tenants share a common backyard. The property is rock landscaped for easy maintenance. Two of the three air conditioning units were replaced in the last month. at time of listing, units are all occupied. Property is close to shopping, public transportation and freeways.

41 W 7th Street, Mesa

Courtesy of Denman Realty Group, L.L.C. 480-834-1525

$990,000

7 Beds ⋅ 4 Baths ⋅ 7062031 MLS

The Axl in Garfield is a 4-unit garden-style property of solid block construction, built in 1965, 1968, and 1996 and was extensively renovated and modernized in 2025, with approximately $55k per unit in capex.. The community includes (3) 2-bed / 1-bath units and (1) 1-bed / 1-bath unit, each with fully renovated interiors featuring upgraded flooring, cabinetry, countertops, stainless steel appliances, and in-unit washer/dryers; select units also include private fenced yards. Residents enjoy dedicated parking, and easy access to Downtown Phoenix, all within the historic Garfield Historic District, one of Phoenix's most vibrant urban enclaves. With residential financing available, The Axl in Garfield offers a turnkey, cash-flowing investment in a dynamic infill location.

1338 E Fillmore Street, Phoenix

Courtesy of ABI Multifamily. 602-714-1400

$1,450,000

10 Beds ⋅ 8 Baths ⋅ 7061722 MLS

Price reduced to $1,450,000. Fully occupied Phoenix eight-unit property on one Absolute NNN master lease. Year 2 base rent of $127,200 annually supports an 8.77% lease-basis cap at the new price. Tenant pays taxes, insurance, utilities, maintenance and operations per the lease. Initial term through August 31, 2030, plus two five-year renewal options. Now offered at $1,450,000, 8939 N 8th Street is a fully occupied eight-unit multifamily property in North Phoenix under one Absolute NNN master lease. The property comprises six one-bedroom and two two-bedroom units, with extensive interior renovations completed in 2024. The lease provides $10,600 per month in Year 2 base rent, or $127,200 annually, supporting an 8.77% Year 2 lease-basis cap rate at the new asking price. Base rent increases by $100 per month at the start of each remaining lease year, reaching $130,800 annually in Year 5, equivalent to a 9.02% lease-basis cap rate at the new price. The initial lease runs through August 31, 2030, with two additional five-year renewal options, a personal guarantee and a first right of refusal. Under the Absolute NNN lease, the tenant is responsible for property taxes, insurance, utilities, maintenance and property operations, subject to the executed lease. The property includes three single-story buildings, 12 parking spaces, an on-site laundry room, three storage rooms, gated access and a paver courtyard. Seller financing is unavailable. Cap rates use annual base rent divided by the asking price under the stated lease economics. Tax and insurance reimbursements are excluded from the cap calculation. Buyers should independently verify lease terms, collections, expenses and property information. Executed leases are provided under contract. Please arrange tours through the listing broker. HIGHLIGHTS - New asking price $1,450,000, or $181,250 per unit. - 8.77% Year 2 lease-basis cap on $127,200 in annual base rent. - Absolute NNN master lease across all eight units. - Tenant responsible for taxes, insurance, utilities, maintenance and operations per the lease. - $100 monthly step-up at the start of each remaining lease year. - Initial term through August 31, 2030, plus two five-year renewal options. - Six one-bedroom units and two two-bedroom units. - Extensive 2024 interior renovations, gated courtyard, laundry, storage and 12 parking spaces.

8939 N 8th Street, Phoenix

Courtesy of Gerchick Real Estate. 602-688-9279

$640,000

4 Beds ⋅ 4 Baths ⋅ 7061053 MLS

Rare investment opportunity in the heart of Central Avondale! This fourplex features four 1-bedroom, 1-bathroom units, each offering just over 500 square feet of living space. Situated on a generous lot, the property presents exceptional potential for investors, developers, or owner-occupants looking to build equity. Constructed with a combination of wood frame and finished with classic stucco, this income-producing property is conveniently located near Central Avenue with easy access to shopping, dining, schools, and major commuter routes. Whether you're looking to renovate, reposition, or expand your investment portfolio, this centrally located fourplex offers endless possibilities in a rapidly growing area.

338 N 1st Street, Avondale

Courtesy of eXp Realty. 888-897-7821

$950,000

4 Beds ⋅ 4 Baths ⋅ 7060954 MLS

Two stand alone duplexes, 4 large spacious units in total. LOTS of parking with additional guest parking available too. Tenants in place for several years. Prime central phx location close to everything. Units updated in 2019. Tenants in place, drive by only.

1405 E Roosevelt Street, Phoenix

Courtesy of Realty ONE Group. 480-321-8100

$1,775,000

20 Beds ⋅ 20 Baths ⋅ 7060274 MLS

Desert Jewel is an 11-unit, garden-style apartment community built in 1960 and renovated in 2017, located in the highly desirable Arcadia-Lite submarket of Phoenix. The property is individually metered for electricity and offers ample resident parking, including a covered carport. The unit mix consists of (2) 1-bed/1-bath, (2) 2-bed/1-bath, and (7) 2-bed/2-bath units averaging 823 SF. Current interior renovations feature stainless steel appliances, kitchen islands, updated light fixtures, and in-suite washer & dryer. A light value-add opportunity remains through exterior renovations. Ideally positioned just minutes from Biltmore Fashion Park, Camelback Mountain hiking trails, Biltmore Golf Club, and Downtown Phoenix. Seller recently replaced underground sewer line.

2947 N 39th Street, Phoenix

Courtesy of ABI Multifamily. 602-714-1400

$308,000

6 Beds ⋅ 4 Baths ⋅ 7059761 MLS

Turnkey investment opportunity delivering immediate cash flow in rapidly growing Arizona City! This updated duplex features two identical units - 3 bed, 2 bath, 960 sq ft each with single-car garages. Major updates include fresh exterior paint, private block wall around backyard, and remodeled guest shower in Unit A. Both units currently leased for zero vacancy. Ideal for portfolio expansion with strong rental demand, low maintenance, and excellent upside potential. Don't miss this income-producing asset!

8150 W Mystery Drive, Arizona City

Courtesy of AZ New Horizon Realty. 520-836-1001

$650,000

5 Beds ⋅ 4 Baths ⋅ 7059467 MLS

Fantastic investment opportunity! This well-maintained 4-plex features three spacious 1-bedroom, 1-bath units and one generous 2-bedroom, 1-bath unit. Conveniently located near shopping, dining, parks, and major commuter routes, it offers the perfect blend of comfort and accessibility. Enjoy off-street parking and stunning mountain views. A great option for both investors and owner-occupiers seeking rental income in a desirable location.

10648 N 15th Avenue, Phoenix

Courtesy of Realty ONE Group. 480-315-1240

$525,000

220226061 MLS

Fantastic location duplex. Single level units with single car garages and single attached carports for each side. Spacious two bedrooms, two bath units with vaulted ceilings in great room, dining and kitchen. Covered entry and covered patios with a fenced backyard. Primary suite has a door out to the covered patio and backyard. Large laundry room with a pantry. Slider off great room to covered patio and back yard. This duplex has been meticulously maintained by the owner and professionally managed.

1439 SW Kellenbeck Avenue, Grants Pass

Courtesy of RE/MAX Platinum

$639,900

6 Beds ⋅ 4 Baths ⋅ 7059177 MLS

Great opportunity! Embrace the perfect blend of modern style and everyday comfort in this beautiful single-story duplex! Discover a desirable open floor plan filled with abundant natural light, enhanced by wood-look flooring and fresh neutral paint throughout. Upscale kitchen is designed to impress, featuring stainless steel appliances, ample white cabinetry, quartz counters, recessed & pendant lighting, and a peninsula with a breakfast bar that's ideal for casual dining or entertaining. Large main retreat provides a walk-in closet and a private bathroom with a shower & tub combo. Each unit offers 3 bedrooms and 2 bathrooms. Approx. 2,340 total sq ft. Excellent location, close to restaurants, entertainment, and more. What are you waiting for? Make it yours before it's gone!

3753 E Polk Street, Phoenix

Courtesy of My Home Group Real Estate. 480-685-2760

$525,000

220225938 MLS

Fantastic location duplex single level units with single car garages and single carports for each side. This duplex is in great condition and has been well maintained over the years by the owner. Vaulted ceilings in great room, dining room and kitchen. Covered entry and covered patios with a fenced backyard. 2 bedrooms and 2 bathrooms. Primary suite has a door out to covered patio and backyard, lg laundry room with a pantry. Slider off great room to the covered patio and backyard. Long term tenants with great rental history.

2245 SW Star Drive, Grants Pass

Courtesy of RE/MAX Platinum

$749,999

7 Beds ⋅ 4 Baths ⋅ 7057876 MLS

PRICE IMPROVEMENT Motivated Seller Great investment opportunity! This fully renovated triplex features two 2-bedroom, 1-bath units and one 3-bedroom, 2-bath unit. All units were updated in 2025 with new flooring, cabinets, countertops, white appliances, bathrooms, and lighting fixtures. All three units are tenant occupied and producing income, making this a turnkey investment. One of the tenants are Section 8 tenants, providing reliable rental income. The property features low-maintenance landscaping, ample private parking, and separately metered electric for each unit. Located on R-5 zoning and registered as a multifamily parcel, this property is separately parceled as a triplex, allowing for residential financing. An excellent opportunity for investors seeking a renovated, cash-flowing property in Phoenix

1101 E Roosevelt Street, Phoenix

Courtesy of Realty ONE Group. 623-236-1414

$299,999

2 Beds ⋅ 2 Baths ⋅ 7057617 MLS

Duplex in Casa Grande. Remodeled within the last couple of years with pex plumbing, granite counters, shaker Cabinets, appliances, all wood look porcelain tile throughout (NO CARPET), and more Two car carport with additional parking. NO HOA. One unit currently rented. With plenty of land space on the left to provide even more opportunities. Please allow 48-hour notice. More information to come.

107 W 11th Street, Casa Grande

Courtesy of Real Broker. 602-755-3415

$929,900

10 Beds ⋅ 7057590 MLS

BRAND NEW and Turn Key completely rebuilt 5 unit apartments. New wiring, plumbing, AC, appliances, New Tile flooring, New cabinets, with granite countertops, new window trimming, new windows. This is a turnkey property. Kitchen with Newly added 14 car parking lot. New fencing and backyard. This is a rare find. Dedicated laundry room, which can be used for added income. Done with the idea of lasting excellence and durability. Even the parking lot has brand new asphalt Ready for New tenants at $1650 per month

11230 N 17th Avenue, Phoenix

Courtesy of West USA Realty. 602-942-4200

$450,000

3 Beds ⋅ 4 Baths ⋅ 7057523 MLS

This beautiful yet affordable home right in the center of town. Quiet yet close to everything. Consists of a main home and a small apartment with a separate entrance. The main home has 2 master bedroom and 2.5 bathrooms. Custom paint and cabinets. Upgraded GE slate appliances. Free-Standing center island remains with house. Trex decking. Energy efficient. making good money) Paved parking and RV hookup and Storage. Create your own split floor plan home with room for everyone or own your investment property here in the cool Payson area. Here are a few ''extras'' we want to make sure you know about: New upper roof (all except the little piece over the front porch) - fall, 2025 Fully fenced, very large side yard Walkout basement in the back is a small apartment with 1 bedroom, a second room that consists of a kitchenette/living room combo, and a spacious bathroom. It currently has a tenant making good money. It could become an adult child's or grandparents's living quarters, a guest apartment. Private patio. Includes: Two-door 10 cu ft fridge Microwave Toaster oven Full-size sink with disposal Flip-up countertop extension Dimmered under-cabinet lighting Large pantry with bright, even lighting Range hood with ducted exhaust fan Induction cooktop can be put away in pantry or used on the patio with an ext cord Ceiling fans in bedroom and kitchen/living room 43" smart TV Flip-up coffee table Kitchen/livingroom has hard flooring, bedroom has new carpet. Unit is bermed up (half under ground) and so needs less heating/cooling Window a/c and in-wall heaters Full-sized bathroom with roomy shower and built-in linen closet North-facing pavers patio with pavers, table, chairs, umbrella, and 3-string patio lights, is shrubbery - secluded.

404 S Ponderosa Street, Payson

Courtesy of Real Broker. 480-442-9868

$268,000

2 Beds ⋅ 2 Baths ⋅ 7057435 MLS

Price Reduced! Rare investment opportunity! Two homes on a level, fully fenced and gated 0.20-acre R3-MH lot with zoning that allows up to three homes. Potential rental income of $2,200/month makes this ideal for investors, owner-occupants, or multi-generational living. The main home features approx. 640± sq. ft. plus covered porches and incorporates a beautifully preserved 1957 Spence Craft mobile home with tasteful additions and modern upgrades, including mini-splits, propane heat, and a wood stove. The remodeled 240± sq. ft. guest studio (2023) offers a kitchenette, ¾ bath, and mini-split. Quiet, tree-lined setting with meadow views, just minutes from downtown, schools, shopping, and dining.

1306 N Woodland Drive, Payson

Courtesy of BHHS Advantage Realty - Payson. 928-474-2337

$749,999

4 Beds ⋅ 4 Baths ⋅ 7057410 MLS

Attention INVESTORS two rented units with instant cashflow! To help ease the new owners worries there are new roofs on both sides, new AC unit on one side, new water heater on one side, both units come with W/D, refrigerators and blinds. This Is a prime Tempe investment opportunity! This beautifully updated duplex is located in one of the Valley's strongest rental markets, just minutes from Arizona State University, Sky Harbor International Airport, Downtown Tempe, Tempe Town Lake, and major employment hubs. With easy access to Loop 202, SR-143, and I-10, this is an ideal location for attracting long and short-term tenants. Each unit offers a modern, open-concept layout with designer finishes, granite countertops, stainless steel appliances, wood-look tile flooring, spacious bedrooms, private patios, and low-maintenance outdoor space. All features that help attract and retain quality tenants. The property has demonstrated strong rental demand and offers an excellent opportunity for investors seeking immediate income with long-term appreciation potential. Whether you're looking to expand your portfolio, complete a 1031 exchange, or live in one unit while generating rental income from the other, this property checks all the boxes. Opportunities to own a well-maintained duplex in this highly sought-after Tempe location are few and far between. Don't miss your chance to own an income-producing asset in one of Arizona's most consistently desirable rental markets.

421 S Terry Lane, Tempe

Courtesy of Realty ONE Group. 480-321-8100

$3,495,000

21 Beds ⋅ 21 Baths ⋅ 7057128 MLS

Seven-unit townhome portfolio in Encanto Village, one of Midtown Phoenix's most sought-after neighborhoods. Within 10 minutes of major employers, dining, nightlife, professional sports, I-10, SR-51, and SR-202, five major hospitals, and 20 minutes from Sky Harbor. Built in 2021, each 1,779 SF townhome offers 3 bedrooms and 2.5 baths over two levels, with private courtyards, high-end finishes, and two flex areas for work/play. Currently operated as rentals with in-place rents below market, offering meaningful upside in one of the nation's strongest job markets. Each home is individually parceled, allowing an investor to hold the portfolio for income today and later sell units individually at retail. A rare central-Phoenix asset pairing for-sale-quality product with two distinct value paths.

4020 N 12th Street, Phoenix

Courtesy of HANABEE. 928-777-3225

$399,999

5 Beds ⋅ 2 Baths ⋅ 7057120 MLS

Charming remodeled duplex in the heart of Glendale! This 1,286 sq ft property offers two separate units 🏡 Unit 1: 2 beds/1 bath at 647 sq ft. Unit 2: 1 bed/1 bath at 639 sq ft. Both feature updated finishes, tile/vinyl plank flooring, and dual pane windows. Thoughtfully renovated with a modern kitchen, fresh paint, and stylish bathrooms. Appraised above list price, giving buyers instant equity 💰 Enjoy 2 driveway spaces and a low-maintenance gravel yard. Perfect for investors or owner-occupants seeking rental income potential. Close to shopping, dining, and easy freeway access.

5959 W Gardenia Avenue, Glendale

Courtesy of eXp Realty. 623-293-6902

$699,000

8 Beds ⋅ 4 Baths ⋅ 7057074 MLS

3801 N 23rd Drive, Phoenix

Courtesy of Compass. 480-776-1555

$649,999

10 Beds ⋅ 20 Baths ⋅ 7057043 MLS

Exceptional Investment Opportunity Near the University of Arizona! Don't miss this versatile and income-producing fourplex in one of Tucson's most desirable rental corridors. Situated just minutes from the University of Arizona and adjacent to the popular Mountain Avenue bike path, this unique property offers a rare unit mix featuring a spacious 3-bedroom main home plus three 1-bedroom units, creating multiple income streams and broad tenant appeal. Whether you're an investor looking to expand your portfolio or an owner-occupant interested in offsetting your mortgage by living in one unit while renting the others, this property delivers exceptional flexibility. The approximately 2,636-square-foot property sits on a generous quarter-acre lot and offers easy access to the university, downtown Tucson, shopping, restaurants, and major employers. With strong rental demand driven by its prime central location, this property presents an outstanding opportunity for long-term appreciation and consistent cash flow. Add it to your portfolio or make it your next house hack--opportunities like this don't come around often.

936 E Navajo Road, Tucson

Courtesy of W and Partners, LLC. 602-828-5767

$699,900

8 Beds ⋅ 4 Baths ⋅ 7056928 MLS

SELLER FINANCING AVAILABLE! Words can't fully capture the value of this impeccably maintained four-plex, where pride of ownership is evident throughout. Ideally situated in a highly desirable rental community, this property offers both stability and long-term upside for any investor. Each of the four units features a 2-bedroom, 1-bath layout with 926 square feet, providing comfortable and functional living spaces that remain in high demand. Three units are currently occupied, delivering immediate cash flow, while Unit #4 is vacant and available to show. Each unit includes French doors leading to a spacious front deck or patio area, creating a welcoming indoor-outdoor feel. The downstairs units enjoy private fenced yards, a rare amenity that enhances tenant appeal.

3823 N 23rd Drive, Phoenix

Courtesy of eXp Realty. 888-897-7821

$700,000

220225697 MLS

Looking to house hack, value add, or a property that pencils in Sisters? This the one for you. Property's can be updated. Owner occupied other unit rents at 2300 a month. If you update and make some cosmetic repairs your rents will increase.

740 E Cascade Avenue, Sisters

Courtesy of Stellar Realty Northwest

$714,999

8 Beds ⋅ 4 Baths ⋅ 7056408 MLS

Incredible opportunity to own a well-maintained fourplex with STRONG INCOME potential -- priced at $719,999! All units offer spacious 2 bed/1 bath layouts. All units were tastefully renovated from 2023-2025 with modern finishes and updated interiors. All four units feature NEWER A/C units installed in 2022 for year-round efficiency and peace of mind. New roof completed on back duplex in Sept 2023. Community laundry on site. Three Tenants are currently in place at strong rental rates, delivering immediate cash flow from day one. ONE VACANT UNIT, making house-hacking opportunity! BONUS: Expansive parking area allows tenants to store additional vehicles, boats & trailers with landlord approval -- a rare perk driving long-term tenant satisfaction and retention!!

451 E 10th Avenue, Apache Junction

Courtesy of Keller Williams Integrity First Realty. 480-854-2400

$530,000

9 Beds ⋅ 12 Baths ⋅ 7056320 MLS

$50k UNDER APPRAISAL!! Start CASH FLOWING IMMEDIATELY!! Beautifully updated duplex offering flexibility for both investors and owner-occupants. One unit features 3 bedrooms and 2 bathrooms, while the second unit offers 4 bedrooms and 2 bathrooms, creating strong rental income potential is currently rented out at $1950. The 4 bedroom unit is currently rented out for $2750. Recent renovations include curated interiors, newer HVAC systems, water heaters, and other major components for added peace of mind. Enjoy durable hard-surface flooring throughout, open-concept living spaces, and modern kitchens designed for today's lifestyle.

510 N Iroquois Avenue, Tucson

Courtesy of Keller Williams Southern AZ. 520-886-8282

$375,000

220225602 MLS

Great investment opportunity featuring two detached single family homes on one tax lot. The property includes a 1,520 square foot home at 335 Alice Street and 672 square foot home at 402 Boardman, each with separate gas and electric meters. Situated on a corner lot with alley access, the property offers ample off street parking, individually fenced yards, and numerous updates throughout the years including new roof, siding, painting, flooring. Tenants interested in staying, and the flexibility to generate dual rental income or live in one home while renting the other, this is a rare opportunity to add a versatile, income-producing property to your portfolio. Schedule your showing today!

402 Boardman Street, Medford

Courtesy of i5 Real Estate

$575,000

5 Beds ⋅ 4 Baths ⋅ 7055927 MLS

Great opportunity to buy a rare 3plex with all units fully occupied producing income immediately. Two one bedroom units and one 3 bedroom unit, both are rare and easy to rent because of it. Exterior was just painted 07/09/2026.

4804 E Caballero Circle, Mesa

Courtesy of Erickson Realty Group L.L.C.. 480-497-1090

$729,000

220225583 MLS

Turnkey fully furnished duplex near Bend's Old Mill District with strong rental history and flexible occupancy options. Each unit offers approx. 1,638 sq. ft. with 3 bedrooms, 2.5 baths, central A/C, attached garage, and private fenced yard. Reverse-living layouts provide privacy, with upper-level open living, kitchen, dining, office nook, and primary suite; main level includes 2 bedrooms, full bath, laundry, entry, garage access, and yard access. Unit 2 has been recently refreshed with new flooring, paint, countertops, and updated finishes. Historically operated as furnished 30+ day rentals, often attracting traveling professionals and extended-stay tenants. Current summer leases @$3,495/mo (up in Sept and will go to longer-term leases thereafter for $3195); unfurnished long-term rent estimated around $2,300/mo per unit. Ideal for investor or owner-occupant. Close to Old Mill, river trails, shopping, dining, and recreation.

61379 Sally Lane, Bend

Courtesy of Congress Realty

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